Friday, February 7, 2014

Filled Under:

Discharge of a contract

Discharge of a contract relates to the circumstances in which the contract is brought to an end. Where a contract is discharged, each party is freed from their continuing obligations under the contract. A contract may be discharged in one of the following ways:

1.Discharge by Performance

2.Discharge by repudiatory Breach

3.Discharge by Agreement

4.Discharge by Frustration

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